IDFC Asset Management Company was founded in the year 2000, and since then it has been one of the top AMCs in the country. It offers around 60 mutual fund schemes with more than Rs. 120000 crores of assets under management.
In this article, you will read about the top 7 mutual fund schemes of idfc mutual fund. These funds are chosen on the basis of their consistency in returns, risk-adjusted returns, and other related factors.
- IDFC Banking & PSU Debt fund: If you are looking for one of the top debt funds or you are looking to invest for stable returns with the nominal risk involved, then you can opt for the IDFC Banking & PSU Debt fund. This fund has one of the highest levels of consistency in its returns. At present, the total AUM of the fund is Rs. 15787 crores. The fund has been generating a yearly return of 6.78% while the category average is 6.44% p.a. If you look at the 5-year annualised return. The fund has offered around 7.4% p.a. return in the last five years. There is no lock-in period for this fund, and no exit load too. The expense ratio of the fund as of July, 31st, 2022 is 0.32%. The fund follows the Nifty Banking and PSU debt TRI as the benchmark index.
- IDFC Large Cap fund: If you want to invest in equity funds but also want to keep the risk profile low then you can invest in the IDFC mutual fund’s large-cap fund. This fund has been offering an average return of around 19.46% p.a. as per last year’s return. The 5-year return of the fund is around 11.84% and the 3-year return is around 19.19%. The fund invests almost its entire asset under management into equities of large-cap funds. The total AUM of the fund at present is around Rs. 1100 crores. The fund has an exit load of 1% if 10% of the investment is redeemed within 365 days. The expense ratio is 1.03% as of July 31st, 2022.
- IDFC Sterling Value Fund: This fund invests across market capitalisation as you can see in its asset allocation. The fund presently invests 37.53% of its assets in large-cap equities, then another 33.09% in mid-cap equities and also 22.77% in small-cap equities. The 3-year annualised return of the fund is around 28.72%. The expense ratio of the fund is .85% while the exit load is 1% applicable only if 10% of the investment is redeemed within 1 year. There is no lock-in period for this fund. It tracks S&P BSE 500 TRI as the benchmark index.
- IDFC Tax Advantage (ELSS) fund: This fund has been offering consistent returns of around 21.14% p.a. while the category average is only 16.5% p.a. Since it is an ELSS fund, it has a lock-in period of 3 years. The expense ratio of the fund is 0.75% and there is no exit load. The fund has offered around 14.7% p.a. return in the last 5-years. It has around 93.8% of its assets are invested in equities. Out of which it invests around 54.76% in large-cap stocks presently, while 21.14% is in mid-cap stocks. It even invests in small-cap stocks around 17.89% of its assets.
- IDFC Hybrid Equity Fund: This fund has been offered around 19.5% p.a. return. If you consider the 3-year annualised return, then it is around 17.88% p.a. while the 5-year annualised return is around 10.39%. The fund has most of its assets in equities with a small but significant portion invested in debts. It has presently 77% of equities and 18.6% debt. The expense ratio of this fund is a bit high at 1.17% and there is an exit load too of 10% applicable only if 10% of the investment is redeemed within 12 months. The Fund has no lock-in period and it follows CRISIL Hybrid 35+65 Aggressive index as a benchmark.
- IDFC Credit Risk Fund: This is a debt fund which invests around 94.2 of its assets into debt instruments. The top three holdings of this fund include GOI bonds where it has invested around 13.97% of its assets. Then there are debentures of Aditya Birla Fashion and Retail Ltd. And also of Godrej Industries Ltd. The 5-year return of this fund on an annualised basis is 6.56% p.a. The fund has an expense ratio of 0.66% with 1% of exit load applicable if redeemed within 1 year of investment. The fund has no lock-in period. You can invest in this fund with a minimum SIP value of Rs. 1000 per month or a lump sum amount of Rs. 5000.
- IDFC GSF Investment Fund: This is another debt mutual fund which invests around 97.8% of its assets into debt instruments. The risk factor involved in this fund is low to moderate. The returns generated by the fund over the last 5 years, on average are around 7.35%. The fund has an expense ratio of 0.62% with no exit load. There is no lock-in period as well. The fund tracks the CRISIL Dynamic Gilt TRI as a benchmark index.
For selecting the right fund for your investment portfolio, you need to analyse and align your investment goals, and risk appetite with the idfc mutual fund schemes.
